First Research US Industry Profile

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Plastic & Rubber Product Manufacturing
SIC Codes: 2673, 3011, 3021, 3052, 3053, 3061, 3069, 3081, 3082, 3083, 3084, 3085, 3088, 3089
NAICS Codes: 326
Last Quarterly Update: 6/24/2019
Companies in this industry manufacture plastic bags and bottles, plastic film and sheets, plastic pipe and foams, rubber hoses, and tires. Major companies include US-based Berry Global Group, Cooper Tire & Rubber, Goodyear, and Newell Brands, as well as Amcor (Australia), Bridgestone (Japan), Michelin (France), Pirelli (Italy), and Reynolds Group Holdings (New Zealand).
Top global suppliers of plastic and rubber products include China, Germany, and the US. Producers are targeting countries such as India, China, and Brazil for growth.
The US plastic and rubber product manufacturing industry includes about 12,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $240 billion.
Tire manufacturers, which are included in the industry, are covered in a separate profile.
Competitive Landscape
Because plastic products are widely used in industry and as consumer products, demand depends on the overall health of the economy. The profitability of individual companies depends on product mix and production efficiency. Large companies have economies of scale in buying raw materials and in manufacturing commodity products such as bottles and plastic film. Small companies can compete effectively by specializing.
The US plastic and rubber product manufacturing industry overall is fragmented: the 50 largest companies account for about one-third of sales. However, the industry has hundreds of niches, determined by material type, manufacturing process, and end use, some of which are dominated by a few producers.
Competitive Advantages:
Access to Capital - Companies must make regular capital investments in production equipment upgrades. New technologies, including advanced injection molding, 3D printing, and increased production automation, enable companies to provide more complex and customized value-added products.
Raw Materials Costs - In recent years, access to inexpensive shale gas feedstocks have given US plastics producers a cost advantage over many of their global competitors. In part due to lower raw materials costs, the US plastics products and materials industry enjoys a global trade surplus compared to the trade deficit of the overall US manufacturing sector.
Products, Operations & Technology
Major products include plastic bags and bottles, plastic film and sheets, plastic pipe and foams, rubber hoses, and tires. Plastic products account for ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
Also includes the following chapters:
Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

Historical Profiles (PDF format)

01/21/2019
10/15/2018
07/02/2018
03/26/2018
12/18/2017
09/18/2017
06/19/2017
03/13/2017
12/05/2016
09/05/2016
06/06/2016
03/07/2016
11/30/2015
08/31/2015
06/01/2015
03/02/2015
11/24/2014
09/01/2014
06/09/2014
03/24/2014
12/09/2013
09/16/2013
06/24/2013
04/01/2013
01/07/2013
10/01/2012
07/16/2012
04/23/2012
01/23/2012
10/10/2011
07/11/2011
03/28/2011
12/13/2010
09/20/2010
06/14/2010
03/15/2010